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|INDEX|||~Pa e|
|---|---|---|---|
|Annual<br>Report ofthe Trustees|||1-3|
|Report of|the Independent|Examiner||
|Receipts|and Payments|Account||
|Statement|ofAssets and|Liabilities||
|Notes to the Financial Statements|||7-9|





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|Clerk to the|Trustees:|Mr. R.R. Mullings||
|---|---|---|---|
|Independent|Examiner:|Miss Ruth Herbert FCCA||
|||Wenn Townsend||
|||Gosditch House||
|||5Gosditch Street||
|||Cirencester||
|||Gloucestershire||
|||GL7 2AG||
|Bankers:||Lloyds Bank pic||
|||14Castle Street||
|||Cirencester||
|||Gloucesters hire||
|||GL7 1QJ||
|Solicitors:||Sewell Mullings|Logic|
|||7 Dollar Street||
|||Cirencester||
|||Gloucesters hire||
|||GL7 2AS||
|Correspondence||||
|Address:||7 Dollar Street||
|||Cirencester||
|||Gloucesters hire||
|||GL7 2AS||





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|||FOR THE Y|EAR EN|DED 31STDEC|EMBER 2020|||
|---|---|---|---|---|---|---|---|
||||Note|Unrestricted|Endowment||Total|
|||||Funds|Funds|2020|2019|
|Receipts||||||||
|Rents received<br>Investment<br>income||||46,597<br>5,788||46,597<br>5,788|55,213<br>5,619|
|Total receipts||||52,385||52,385|60,832|
|Payments||||||||
|Property expenses<br>Grants<br>Governance<br>costs|||3<br>4<br>5.|11,728<br>9,960||11,728<br>9,960|10,753<br>32,500<br>11,200|
|Investment<br>purchases||||21,688||21,688|54,453|
|Total payments||||||~i, I@|54,453|
|Net receipts/(payments)||for the year||30,697||30,697|6,379|
|Transfers<br>between|funds|||||||
|Cash funds brought|forward|||46,716||46,716|40,337|
|Cash funds carried|forward|||E77,413||E 77,413|E46,716|





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||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|
|1. Rents received|||||||||
|Buchner|||||||18|18|
|21 West Market Place|||||||8,475|14,500|
|23West Market Place|||||||12,394|17,060|
|1st Floor|||||||8,445|8,060|
|2nd Floor|||||||10,155|8,585|
|3rd Floor|||||||7,110|6,990|
||||||||646,597|E 55,213|
|2. Investment<br>income|||||||||
|Dividends|||||||5,788|5,619|
|Bank deposit interest|||||||||
||||||||E5,788|F 5,619|
|Letting agents fees|||||||3,277|3,098|
|Legal and professional fees|||||||1,763|3,329|
|Repairs|||||||4,381|2,030|
|Gap Utilities|||||||||
|Stairway<br>light and heat|||||||224|283|
|Insurance|||||||2,479|2,429|
|Deduct:<br>Tenants|contributions||||||(396)|(416)|
||||||||E11,728|E 10,753|
|4. Grants<br>aid in<br>ear|||||||||
|Fabric fund ofCirencester||Parish||Church|(3/5ths)|||19,500|
|Powells Educational|Foundation|||(1/5th)||||6,500|
|Trustees discretion —Powells Educational|||||Foundation(1/5th)||||
|Trustees discretion —Fabric|||fund|ofCirencester||Parish|||
||Church||(1/5th)|||||6,500|
||||||||E -|E32,500|





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|||||2019|2018|
|---|---|---|---|---|---|
|5.|Governance|costs||||
||Clerks fees|||8,760|9,340|
||Legal and professional||fees|1,200||
||Accountancy|charges|||1,235|
||Independent|examiners|fees||625|
|||||F9,960|E11,200|
|6.|Em<br>lo ees|and trustees||||



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|Tan<br>ible fixed asset|s||
|---|---|---|
|Freehold properties|held for letting||
|Valuation:|||
|At 1stJanuary 2020||361,701|
|Additions|||
|At 31st December 2020||E361,701|




|Investments||||
|---|---|---|---|
|||2020|2019|
|Market value at 1st January 2020||193,311|162,850|
|Additions<br>in the year||||
|Unrealised<br>gain/(loss)|in the year|13,294|30,461|
|Market value at 31st|December 2020|E206,605|f 193,311|





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|||||||||2020|2019|
|---|---|---|---|---|---|---|---|---|---|
|9.|Debtors|||||||||
||Rent and insurance||contributions|||owing||2 5,748|E2,450|
|10.|Cash Funds|||||||||
||Lloyds Bank Pic|||||||77,413|46,256|
||Sewell Mullings|Logic Client|||Account||||460|
|||||||||F77,413|E46,716|
|11.|Creditors: amounts|||fallin|due|within one|ear|||
||Grants payable|||||||65,000|32,500|
||Rent guarantee|deposits||||||3,125|3,125|
||Rentin advance|||||||2,417|2,417|
||Legal and professional|||fees|||||1,200|
||Clerks fees|||||||1,460|1,460|
||Accountancy|||||||3,870|1,890|
|||||||||E75,872|E42,592|